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20121112
20121120
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's a mandate here? >> i don't. because then they would have put nancy pelosi in charge of the house of representatives. see, i think these ideas that we talked about, i think they're popular ideas. this is a very close election. >> despite a scoreboard of 332 to 206, congressman paul ryan refuses to admit that president obama might have a mandate to push his agenda, a big part of which includes raising taxes on high earners. this week the president is holding court with ally and opponents to discuss the upcoming fiscal cliff. yesterday, at a meeting with progressive leaders the president said he would not give in to republican demands to extend all of the bush tax cuts. today he will meet with business leaders. the discussions underscore the president's opposing constituencies, but according to new york magazine's jonathan chaits the president has to do what he want -- joining us now from washington, "new york" magazine columnist by god jonathan chait. hello, my friend. >> thank you. >> jonathan, so the president met with progressive leaders yesterday and i think gave them some welc
when you saw nancy pelosi out there. you saw john boehner out there saying we are hopeful we can get a deal done. and the market had a positive reaction to that. yet it lost that upside throughout the day, teetered back and forth between positive and negative territory. finally, closing the day out positive, so perhaps that suggests that maybe we are a little bit closer. but here's the thing, randi, they've got to get something done. they've got to solve this issue. because if not, the consequences are severe. >> but you listen to some people, and they suggest that fears of fallen off the cliff are overblown. what are the real consequences here? >> the real consequences are another recession. i mean, i can tell you every ceo that i'm talking to right now says i'm not making major decisions. i'm waiting. i'm standing by the sidelines. i can't hire a lot of people, i can't invest in a lot of infrastructure because i don't know what the landscape is going to be in the next 45 days. i don't know what the landscape is going to be in the next three months. so there's a lot of holdup. now,
Search Results 0 to 3 of about 4 (some duplicates have been removed)